Do not let the market turn your head
Standardization and ease of organizing trading with various financial instruments and modern technologies make it possible today even for ordinary people without special training not only to work easily, but…

Continue reading →

7 areas of opportunity in business
You probably would not have bought a car without testing it, or a house, without first examining every square meter in it. In our daily life, the behavior is completely…

Continue reading →

Conclusion of a contract: how to understand that you are lying?
Very often, not only in domestic trifles, but also in business circles there are fraudsters. And these scammers - the worst. They can openly smile at you, make concessions in…

...

Restaurant business as a business

The popularity of the restaurant business is now quite high, and many decide to start a business. However, choosing a restaurant business, some do not know where exactly they should start. What are the stages of opening your own restaurant?
Format
The first thing you need to think about is the format of your establishment. Be sure to decide whether this is a place where you can go family, or is it a bar for adults only; a classic city cafe, fast food or inexpensive Soviet-style dining.
Think carefully when choosing your target audience, as this will affect your earnings. You should also choose the type of kitchen, the maximum number of guests and the price level.
All these three points are influenced by the choice of the format of your establishment.
Location
Find a suitable place (room / plot of land) for your establishment. An elite establishment with expensive, delicious dishes is not always necessary to open in the center, at the intersection of transport roads or crossings.
Such places are more suitable for fast foods, where people usually run in to have a cheap snack.
Documents
Next you need to familiarize yourself with the documents for opening a restaurant. Here you will have to face some difficulties.
The list of papers that are needed for legal business, sometimes reaches more than one dozen points (the number of points may vary depending on the region). This discourages many new businessmen.
The first thing you need to register a legal entity or SP. Next, to open a restaurant, you need to get a lot of permits and licenses from different instances, for example, for the sale of alcohol, for compliance with the standards of sanitation, safety, etc.
These are just some of the basic documents. If you do not want to collect all these papers yourself, you can hire the services of specialists.
Business plan
After all the problems with the documents should develop a business plan. It can be defined as a kind of scheme of your business in which the calculation of the planned costs and revenues, profitability and many other equally important points are analyzed.
It is necessary to describe in detail the purchased product range, monthly expenses, the calculation of time costs (especially in the first months of the restaurant), the calculation of payback investments.
After all the previous steps you need to do the purchase of furniture and the selection of personnel and team. This item is very important in the conduct of the restaurant business. Cooks must have qualifications, at least a little experience and recommendations.
Waiters or cashiers should be selected, relying on appearance, character, and other qualities that are important for a person, because these workers are the first to meet customers and serve them to the end.
Sometimes, despite the excellent work of cooks, visitors remain dissatisfied precisely because of the poor approach to the work of the waiters. Anyway, it is advisable to verify the quality of the work of staff in person.
Now, knowing the steps to open your own restaurant business, you can get down to business. The main thing is to be distinguished by individuality and to attract many visitors. We wish you good luck!

Do not let the market turn your head
Standardization and ease of organizing trading with various financial instruments and modern technologies make it possible today even for ordinary people without special training not only to work easily, but…

...

Can a private investor make money on the bond market?
When we try to put a private investor in the realities of modern financial markets, the first thing that comes to mind is bank deposits. You can’t argue with this,…

...